CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks that Jim Cramer expressed thoughts on. During the lightning round, an investing club member questioned why the stock is volatile, and Cramer remarked:
“Okay… All the cybersecurity stocks are the same way. But I think, I believe in George Kurtz. I think that stock goes higher, maybe even much higher.”
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions that safeguard endpoints, identities, and data. The company’s AI-driven services include threat detection, vulnerability management, and automated security operations. During the September 9 episode, Cramer called the stock a “crouching tiger,” as he commented:
“You bet it is, and I think George is doing, I’m speaking here of George Kurtz, there’s a great interview by the way, Yahoo Finance, just tells you all that you need to know. I think CrowdStrike is in, I think it’s a crouching tiger. That’s what I think it is, and I’m thinking this stock is a $500 stock. That’s how much I like CrowdStrike.”
While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.